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Key financial services trends as the world emerges from COVID-19

OpenText Information Management

In January, I wrote a predictions blog that said the priorities of the financial services industry would not change greatly over the next 12 months!

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New York Regulators Call on Insurers to Strengthen the Cyber Underwriting Process

Hunton Privacy

As reported on the Hunton Insurance Recovery blog , on February 4, 2021, the New York Department of Financial Services (“NYDFS”), which regulates the business of insurance in New York, has issued guidelines, in the Insurance Circular Letter No. sought coverage for expenses under its property insurance policy.

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Cybersecurity Standards for the Insurance Sector – A New Patchwork Quilt in the US?

HL Chronicle of Data Protection

In the past two years, multiple state bills that have been introduced in the US to provide for cybersecurity requirements and standards to the insurance sector, with recent legislative activity taking place in particular within the States of Ohio, South Carolina, and Michigan. NYDFS: Setting a new bar for state cybersecurity regulation.

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Impact of IDP on Business Growth – Customer Onboarding Use Case

Info Source

For example, if your experience as an end customer in an interaction with your bank, insurance carrier, car dealer etc. t starts with the prospect, who has researched alternatives based on her/his specific needs selecting a financial services provider and type of loan and submitting a request.

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CyberheistNews Vol 13 #13 [Eye Opener] How to Outsmart Sneaky AI-Based Phishing Attacks

KnowBe4

Strategies include: Developing a comprehensive, defense-in-depth plan Technical controls all organizations should consider Gotchas to watch out for with cybersecurity insurance Benefits of implementing new-school security awareness training Best practices for creating and implementing security policies Get the E-Book now!

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Why Modernization Must Start with Your Employee Workflows

Rocket Software

Efficiency impacts revenue, customer service, brand reputation, the list goes on and on. Of course, at Rocket, we believe in the power of cutting-edge technology to keep operations running smoothly for enhanced outcomes. We also believe that the best tools and solutions must always be oriented toward one central goal – helping people.

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China’s PIPL has finally arrived, and brings helpful clarification (rather than substantial change) to China’s data privacy framework

DLA Piper Privacy Matters

It remains unclear whether this extends to, say, requests from overseas industry regulators. However, the PSB and industry-regulators will still have a role in both management and enforcement of data protection; and the TC260 technical committee will continue to have delegated responsibility to publish technical standards.